August 17, 2023

Codelco at risk of insolvency as debt grows, CESCO report says

Cost overruns on projects to upgrade five mines could mean its debt is likely to reach $30 billion by 2030 from $18 billion now.

August 16, 2023

SQM’s profit drops as lithium prices drag

The miner posted a net profit of $580.3 million for the three months ended June.

August 16, 2023

Chile’s president brings back Williams as mining minister in cabinet reshuffle

Aurora Williams, who will replace Marcela Hernando, held the same position during the 2014-18 administration of former President Michelle Bachelet.

August 16, 2023

Aris Mining drills up to 647 g/t Au in Colombia

The Segovia exploration drilling program has 17 rigs operating.

August 16, 2023

Aether raises $49 million to extract lithium using AI

Its platform can extract lithium from previously-inaccessible reserves and also create products across sectors, including health care.

August 15, 2023

A united front: Addressing ESG issues to ensure the America’s copper mining industry thrives

Both brownfield and greenfield mines in the region face issues of water stress.

August 15, 2023

McEwen eyes copper IPO as soon as November for Argentina project

While McEwen is funded into next year as it drills the Los Azules project, it may go public later in 2023 or early 2024 to bankroll a feasibility study.

August 15, 2023

Ecuador’s tense vote also threatens to end mining, oil projects

Ecuadorians are expected to vote in favor of referendums to order the closing of a major oil field and restrict gold and copper mining.

August 15, 2023

More than 50 firms want in on new lithium-mining model in Chile

Bidding for the exploration contracts is scheduled to take place early next year.

August 15, 2023

TechMet raises $200m to counter China’s critical minerals control

Fresh equity will be deployed across TechMet’s ten assets, which aim at reducing the west’s dependence on China for critical minerals.